How Long to Read A General Theory of Equilibrium Selection in Games

How Long Does it Take to Read A General Theory of Equilibrium Selection in Games?

It takes the average reader 6 hours and 30 minutes to read A General Theory of Equilibrium Selection in Games by John C. Harsanyi

Assuming a reading speed of 250 words per minute. Learn more

Description

The authors, two of the most prominent game theorists of this generation, have devoted a number of years to the development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the solution of any noncooperative game. And, because any cooperative game can be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as well.By providing solutions - based on the same principles of rational behavior - for all classes of games, both cooperative and noncooperative, both those with complete and with incomplete information, Harsanyi and Selten's approach achieves a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature of game-theoretic rationality.The book applies this theory to a number of specific game classes, such as unanimity games; bargaining with transaction costs; trade involving one seller and several buyers; two-person bargaining with incomplete information on one side, and on both sides. The last chapter discusses the relationship of the authors' theory to other recently proposed solution concepts, particularly the Kohberg-Mertens stability theory.John C. Harsanyi is Flood Research Professor in Business Administration and Professor of Economics, University of California, Berkeley. Reinhard Selten is Professor of Economics Institute of Social and Economic Sciences: University of Bonn, Federal Republic of Germany.

How long is A General Theory of Equilibrium Selection in Games?

A General Theory of Equilibrium Selection in Games by John C. Harsanyi is 378 pages long, and a total of 97,524 words.

This makes it 128% the length of the average book. It also has 119% more words than the average book.

How Long Does it Take to Read A General Theory of Equilibrium Selection in Games Aloud?

The average oral reading speed is 183 words per minute. This means it takes 8 hours and 52 minutes to read A General Theory of Equilibrium Selection in Games aloud.

What Reading Level is A General Theory of Equilibrium Selection in Games?

A General Theory of Equilibrium Selection in Games is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy A General Theory of Equilibrium Selection in Games?

A General Theory of Equilibrium Selection in Games by John C. Harsanyi is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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